Iran war means more orders for US defense giants

NEW YORK (AFP) -- US defense companies are reporting a surge in demand for military equipment, as the war in the Middle East prompts fresh orders from governments around the world. Earnings Tuesday signaled that 2026 will be another strong year after a robust 2025 in the wake of continuing conflicts in Gaza and Ukraine, Russian incursions into European airspace, Chinese maneuverings toward Taiwan and Red Sea tensions. More governments are ordering military equipment amid rising geopolitical stri

By The Korea Herald